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Avaloq
3.1
based on 39 Reviews
Video summary
Company Overview
Company Locations
Working at Avaloq
Company Summary
Avaloq specializes in digital transformation and automation solutions for the financial services sector, offering core banking software and SaaS services.
Overall Rating
3.1/5
based on 39 reviews
16% below
industry average
Critically rated for
Promotions, Job security, Work satisfaction
Work Policy
Monday to Friday
94% employees reported
Flexible timing
81% employees reported
No travel
80% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
12 employees reported
Job/Soft skill training
12 employees reported
Health insurance
12 employees reported
Cafeteria
6 employees reported
View all benefits
About Avaloq
Founded in1985 (40 yrs old)
India Employee Count51-200
Global Employee Count51-200
HeadquartersZurich, Switzerland
Office Locations
--
Websiteavaloq.com
Primary Industry
Other Industries
--
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Avaloq India Private Limited is a subsidiary of Avaloq Evolution AG headquartered in Zurich, Switzerland. Avaloq is driving the digital transformation and automation of the financial services industry. Avaloq is a leader in core banking software and digital technology and a provider of software as a service (SaaS) and business process as a service (BPaaS) solutions for banks and wealth managers. Over 150 clients trust us with USD 4.5 trillion in assets managed with our software. In India, we are establishing services to better serve clients in India and around the world with best-in-class banking and technology services. Our office is based in the heart of Pune, Maharashtra, India .At Avaloq, we believe in one thing. Preparing our clients for the future and ensuring their success. Our strong heritage supports us as we look to the future – and our vision is clear. Simplicity will be critical for financial institutions and wealth managers. Simplicity will keep you agile in an ever-changing, increasingly digital world.
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Avaloq Ratings
based on 39 reviews
Overall Rating
3.1/5
How AmbitionBox ratings work?
5
16
4
8
3
4
2
3
1
8
Category Ratings
3.6
Work-life balance
3.1
Company culture
3.0
Salary
2.9
Skill development
2.9
Work satisfaction
2.8
Job security
2.5
Promotions
Avaloq is rated 3.1 out of 5 stars on AmbitionBox, based on 39 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Avaloq Reviews
Top mentions in Avaloq Reviews
+ 1 more
Compare Avaloq with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.1/5 based on 39 reviews | 3.3/5 based on 428 reviews | 3.3/5 based on 312 reviews | 4.3/5 based on 269 reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | Skill development Salary Promotions |
Critically Rated for | Promotions Job security Skill development | Promotions Salary Job security | Salary Promotions Company culture | No critically rated category |
Primary Work Policy | - | Hybrid 43% employees reported | Work from office 94% employees reported | Work from office 86% employees reported |
Rating by Women Employees | 2.2 Poor rated by 6 women | 3.3 Average rated by 86 women | 3.4 Average rated by 68 women | 4.4 Good rated by 63 women |
Rating by Men Employees | 3.5 Good rated by 23 men | 3.4 Average rated by 318 men | 3.3 Average rated by 239 men | 3.9 Good rated by 88 men |
Job security | 2.8 Poor | 3.0 Average | 3.3 Average | 4.1 Good |
View more
Avaloq Salaries
Avaloq salaries have received with an average score of 3.0 out of 5 by 39 employees.
Banking Specialist
(9 salaries)
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₹5.1 L/yr - ₹11.1 L/yr
Software Engineer
(7 salaries)
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₹7.1 L/yr - ₹40 L/yr
Senior Software Engineer
(5 salaries)
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₹27 L/yr - ₹36.5 L/yr
Senior Business Analyst
(5 salaries)
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₹25 L/yr - ₹40 L/yr
Test Manager
(4 salaries)
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₹26 L/yr - ₹28 L/yr
Security Officer
(4 salaries)
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₹20.2 L/yr - ₹45 L/yr
HR Manager
(4 salaries)
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₹15.4 L/yr - ₹18.5 L/yr
Backend Developer
(4 salaries)
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₹18.9 L/yr - ₹24.2 L/yr
System Manager
(4 salaries)
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₹8 L/yr - ₹16 L/yr
Business Analyst
(4 salaries)
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₹12.5 L/yr - ₹35 L/yr
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Avaloq FAQs
When was Avaloq founded?
Avaloq was founded in 1985. The company has been operating for 40 years primarily in the Software Product sector.
Where is the Avaloq headquarters located?
Avaloq is headquartered in Zurich.
How many employees does Avaloq have in India?
Avaloq currently has approximately 100+ employees in India.
Does Avaloq have good work-life balance?
Avaloq has a Work-Life Balance Rating of 3.6 out of 5 based on 30+ employee reviews on AmbitionBox. 62% employees rated Avaloq 4 or above, while 38% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Avaloq work-life balance reviews for more details
Is Avaloq good for career growth?
Career growth at Avaloq is rated as poor, with a promotions and appraisal rating of 2.5. 38% employees rated Avaloq 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Avaloq reviews for more detailed insights.
What are the cons of working in Avaloq?
Working at Avaloq does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, job security and work satisfaction, based on 30+ employee reviews on AmbitionBox.
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